Positioned on the border of Kedron and Chermside, this strata – titled block of three units extensively renovated in 2009 will not only be a smart investment to purchase now but the growth that this area has seen over the last 18 months in which is still continuing will set you up for long term gain!

The details are as follows:

Unit 1:
* Three bedroom unit upstairs with two ground level courtyards (one at each end of the building), plus a balcony.
* Internal size 96m2.
* Courtyards total 171m2.

Units 2 and 3:
* 1 bedroom units downstairs with large courtyards.
* Courtyard for unit 2 is 44m2.
* Courtyard for unit 3 is 50m2.

Additional Townhouse:
* DA approved to build an additional two level townhouse on the end of the existing unit block, refer to plans and images in the photo gallery.
* This additional dwelling is designed to be rented separately: with a 1 bedroom unit upstairs and a 2 bedroom unit on the lower level.

Corner block on 613m2 of LR zoned land.

Body corporate has been set up and established but is inactive, there is no body corporate fees nor body corporate manager.

Current rents are:
* Unit 1 – $380 p.w. – expiring on 28/06/16
* Unit 2 – $280 p.w. – expiring on 11/09/16
* Unit 3 – $290 p.w. – expiring on 26/06/16
Total p.w. = $950
Total p.a. = $49,400

Expected rental return for additional townhouse:
* $330 p.w. upstairs
* $380 p.w. downstairs
Total p.w. = $710
Total p.a. = $36,920

Rates $3,967.40 p/annum
Water $2,111.76 p/annum
Insurance $3,520.00 p/annum

Location:
550m (7 minute walk) to Holy Spirit Northside Private Hospital and The Prince Charles Hospital
1.3km (3 minute drive) to Westfield Chermside Shopping Centre
10.4km to Brisbane CBD
Are you going to take advantage of this rare opportunity, and reap the benefits with the continual capital growth in Kedron?